Product Characteristics in International Economics

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Exploring the interconnectedness of national economies, this book delves into how capital and goods flows contribute to economic development. It emphasizes the significance of product characteristics in international economics and their role in growth. The analysis includes the effects of product sophistication and foreign equity on firm output. Additionally, it presents empirical evidence linking a country's legal and institutional quality to its trade in rule-of-law-intensive goods, highlighting strategies for maximizing economic rewards through these linkages.